Philippines Business Updates

Business

SSS Increases Focus on REIT Investments

June 4, 2024 · 47,255 views (seeded)

With improving market conditions and policy easing expected by year’s end, the state-run Social Security System (SSS) is increasing its investments in real…

Business

Q1 Losses for ABS-CBN Drop by 18%

May 17, 2024 · 130,172 views (seeded)

ABS-CBN Corp.’s first-quarter losses were reduced by 18% as a result of cost-cutting initiatives and a sizeable gain from asset sales. The Lopez-led…

Business

Government Debt Falls After Record Highs

May 3, 2024 · 441,336 views (seeded)

The Bureau of the Treasury announced on Thursday that the national government’s outstanding debt decreased to P14.93 trillion in March, ending a five-month…